• 2
  • 1
  • 1
  • 126 m2
  • 126.0 m2

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Mun. Rates & Taxes: ZAR 1090.36

Monthly Levy: ZAR 1900.89

Property description

This neat and spacious 126sqm townhouse offers comfortable, low-maintenance living in a well-run complex in Waterfall. Ideal for couples, small families, investors or anyone looking for a peaceful and convenient suburban lifestyle.  

Property Features:

• Welcoming entrance hall - spacious enough to create a study or reading nook

• Well-equipped kitchen with generous cupboard space and room for a double-door fridge, dishwasher, washing machine and tumble dryer

• 2 well-sized bedrooms with natural light

• Modern, neatly finished bathroom

• Open-plan lounge and dining area with large sliding doors leading to the patio

• Private, well-maintained garden - perfect for relaxed outdoor living and pets

• Pet-friendly complex (up to 2 small/medium dogs with permission)  

Additional Extras:

• Lock-up garage with extra parking in front

• Ample visitor parking

• Excellent security: electric fencing, gated access, window bars and intercom system

• Wheelchair accessible
  

Investment and Lease Details:  

  • Current Rental Income: R12,000 monthly. 
  • Lease Terms: The property is currently tenanted under a fixed-term lease expiring March 2027, with an option to renew for an additional 1-year fixed term. 
  • Buyer Options (Subject to Tenant Rights): 
  • Investor: Acquire the property with an established tenant and guaranteed immediate cash flow until March 2027 (and potentially through the renewal period). 
  • Owner-Occupier / Alternative Arrangements: While the existing lease remains legally protected, the option exists to negotiate a mutually agreed earlier termination date with the tenant, subject to the terms of the existing lease agreement and written consent of all parties. 
  • Levy Includes: Building insurance, exterior maintenance, and complex upkeep.  

Enjoy the balance of comfort, security, and serenity in this charming Waterfall home. Call Bernie for a private viewing. 

Property Details

  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Garages
  • 1 Lounges
  • 1 Dining Area

Property Features

  • Study
  • Patio
  • Storage
  • Wheelchair Friendly
  • Pets Allowed
  • Kitchen
  • Entrance Hall
  • Garden
  • Intercom

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